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Small & Emerging Contractors

 

Surety & Fidelity Industry Handbook
 

A Government Leader's Guide to Bonds

Using Surety and Fidelity Bonds to Protect Taxpayers, Empower Businesses and Enable Innovation

Contract, commercial and fidelity bonds each serve a critical risk management and public policy function. This handbook provides an overview of each of these types of bonds, explains why bonding should be non-negotiable for agencies hiring contractors and for businesses operating within a state or local jurisdiction, and addresses how agencies can leverage this tool to protect taxpayer dollars and strengthen the public procurement process.

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